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<Research>Barclays Hikes HSBC (HSBA.L) TP to GBX1,230, Foresees Strong Rev. Outlook; Rating Overweight
Recommend 45 Positive 86 Negative 50 |
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Following HSBC HOLDINGS (00005.HK)’s 3Q25 financial report, Barclays raised its underlying EPS forecast across years by 1-2%, and increased the target price for HSBC's (HSBA.L) London-listed stock to GBX1,230 (previously GBX1,200), equivalent to approximately HKD124.87, with a rating of Overweight, Barclays said in a research report. Barclays indicated that HSBC faces a stronger revenue outlook, especially in NII, and the privatization of HANG SENG BANK (00011.HK) may also benefit HSBC over time. AASTOCKS Financial News Website: www.aastocks.com |
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